EURCAD is on a long term down trend so I am looking for shorting opportunities. When price gets in the "zone" (between R1 & R2) it is a good time to short. Please trade responsibly.
Opportunity and the FREE market system going hand in hand. One must be very alert and aware of market sentiment when placing trades. My tetraPRO trading strategy is very straightforward. We follow the longer term trend, i.e., if you are trading the hourly chart you would zoom out and look for trading opportunities that align with the weekly chart trend. When...
Price is up past the R2 Fib pivot with a long term down trend makes for a good short opportunity.
Price is at weekly S1 Fib pivot and at hourly S2 Fib level so we have some confluence there. Also just 8 hours ago we had an exhaustion candle right at the pivot level. Good risk/reward ratio.
Macd divergence plus R1 Fib pivot level at a price level with strong demand from previous.
Macd divergence plus R2 Fib pivot resistance makes for a good shorting trade.
Nice geometric pattern ending at the S2 Fib pivot. Makes for a nice buying opportunity. Excellent risk to reward.
Daily and hourly Fib pivots confluence with uptrend support level. Good buying opportunity.
Long term up trend on the weekly chart...tells me to look for buying opportunities. When price drops to the S2 Support level with the Fib pivot level I buy.
Potential short opportunity here. Good organic growth. When we see harmonic ratios, we like to place trades.
Gold is relatively cheap right now and is forming a very solid organic growth pattern.
Good Organic Growth in the EURJPY. Expecting a profitable pullback.
WIth the recent recession announced in Japan economic data, we are expecting a good catalyst for the pullback to my entry set up.
Organic growth in the markets is a very clear sign of Natural Cycles. I would much rather be trading with the Natural Rhythm than against it.